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Economy
In reply to the discussion: STOCK MARKET WATCH -- Thursday, 14 February 2013 [View all]jtuck004
(15,882 posts)47. The GOP Plan to Flush Your State’s Economy Down the Toilet
The GOP has plans for a comeback. But it may cost you a lot. The idea is to capitalize on recent Republican state takeovers to conduct an austerity experiment known as the new red-state model and prove that faulty policies can be turned into gold.
There will be smoke. There will be mirrors. And there will be a lot of ordinary people suffering needlessly in the wake of this ideological train wreck.
We already have a red-state model, and its called Mississippi. Or Texas. Or any number of states characterized by low public investment, worker abuse, environmental degradation, educational backwardness, high rates of unwanted pregnancy, poor health, and so on.
Read more at http://www.nakedcapitalism.com/2013/02/lynn-parramore-the-gop-plan-to-flush-your-states-economy-down-the-toilet.html#plklxZyc3jGiqTxJ.99
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Here.
North Carolina is about to cut unemployment from 535 to 350, and throw tens of thousands off the rolls by removing extended benefits, leaving many with no way to pay their bills. That's the kind of plan these people are bringing to their citizens. There will be more states following their example as we try to move forward with a nation of people now employed as health care aides and retail coffee servers.
All anyone has to do to see what the result will be is to look back at the period from 1865 to about 1935, with islands of wealthy surrounded by miserable living and working conditions for many. That will be horribly damaging to many, and the effects will be felt by those who live better lives around them, whether in that state or no.
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Ms. Brown goes straight to the heart of the matter. The message needs to go viral.
Ghost Dog
Feb 2013
#20
EU exec Olli Rehn says euro states can have more time to cut deficits THAT'S BIG OF HIM
Demeter
Feb 2013
#15